Customs officers had delayed the clearance of some U.S. goods on
Beijing's penalty list last Friday, as they waited for official
instructions from the central government on whether to start
collecting the new import tariffs.
Local customs at the port of Qingdao have let through American
products they held up on Friday, and imposed higher tariffs on
the goods, according to a trader briefed by a customs official
at the port.
Shanghai customs has also started collecting new tariffs as of
Monday on imported fruits and wine, among other U.S. products on
the new tariff lists, two custom brokers told Reuters.
China's General Customs Administration did not reply to a fax
seeking comments.
Beijing had said that China's punitive tariffs on U.S. products
would immediately take effect after America imposed penalties on
Chinese goods worth a similar amount.
However, the absence of an official confirmation earlier Friday
afternoon had caused confusion in the markets, leaving customs
at major ports in limbo.
Later that day, China's foreign ministry spokesperson announced
that China has begun implementing new tariffs of 25 percent on
some U.S. goods including automobiles and soybeans.
Customs at the port of Dalian, where the ship Peak Pegasus was
currently anchored carrying 70,000 tonnes of U.S. soybeans, have
updated their tariffs for the U.S. goods on Beijing's list to
the higher levels, according to a soymeal buyer briefed by a
customs official at the port.
The Peak Pegasus caused a stir on Chinese social media as it
raced to reach China before the tariffs started on Friday and
remained berthed at Dalian and fully laden as of Monday
afternoon, according to Eikon data.
It is unclear whether the soybean cargo, which did not arrive
until after the penalties took effect, will pay the 25 percent
higher tariff.
(Reporting by Hallie Gu, Yawen Chen, and Josephine Mason;
Editing by Christian Schmollinger)
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